Ha-MOSTLY true. Yet there is no effort to identify which parts are true, why? because wingers don't want to clutter their heads with those kinds of details. If its mostly true that equals truthiness and that's enough for any moron to get his hate on for Dems! Go haters! They should have their own football team.

P.S. Snopes says there is such a bill, but it has one backer in Congress.

Someone whose experience of the wealthier segments of the economy is so limited that he thinks "financial transactions" include going to the ATM shoots down a tax that would hit, you got it, stock speculators only.

A transaction tax would be on complex financial instruments. Not on ATMs. Not on credit cards. ANGRYSIGH

"Just wait till the tax cuts are repealed and then the 1% tax will seem like petty theft."

...rich people are paid by even richer people to say that to you. Too bad you can't realize this.

Unless you think the uber-rich will trickle down their gratefulness upon you for supporting their rape of the country. And it's too bad you can't understand that they won't.

If they didn't during the Gilded Age, if they didn't under Reagan, if they aren't now...what makes you think they will?

Because Rush says so?

You will never be one-one billionthas rich as that bloated gas bag. Andthe money he's paid to say thesethings is a mere pittance comparedto return on investment. The Bushtax cuts for the millionaires provedthat.

I think all restaurants in this nation need to get together and say that when any politicians go to their establishments over this yet another break they get to take, that there will be a 100% tax on their bill just to show them that they no longer get a free ride on the backs of the American people whom they are slowly enslaving.. the politicians will inquire about the tax and the server can say "I don't know anything about it,, I did not read the bill"

"Would these be the same restaurants which employ illegal immigrants or use food picked by illegal migrant workers in order to pad out their profit margins?"

Oh you mean those restaurants where the rich white owner deliberately and knowingly hires undocumented workers without checking their papers because he knew he could pay them less money than documented workers???

Oh you mean those Ag business owners who personally travel to Mexico and Central America to recruit, hire and bring back to the USA undocumented workers to work like slaves in their fields for paltry wages ... jobs that no US citizen really wants to do? And then when conservatives go to grocery stores, the food they buy is so cheap because of the slave wages paid to undocumented workers by rich white ag business owners?

You mean those restaurants and that food??

Do you mean to say that conservatives never eat in restaurants with undocmented workers in them? And conservatives never buy food picked by undocumented workers? If you say yes, you're lying.

So why aren't conservatives out brandishing their pitchforks at the rich white restaurant owners and farm owners?? Why are conservatives only *whining* about the dirty messicans??? WHY???

I'd really love to know the answer to that, but oddly enough I never get one.

I'll give leeway to people who make comma splices and the like because some of the rules are kind of subtle, but there is no rule of grammar anywhere that ever allows you to put two commas or periods in a row.

And yet I see it all the time in online comments. Where does it come from?

Of course, businesses "screw people over" while governments "suggest methods". Despite fact that govts can force you to transact with them while businesses can't, the business is clearly the more sinister party here.

Anyway, despite expressing the point in a profoundly dumb way, the email is basically accurate. The argument for this seems to be "it's a rly small %, but raises so much revenue!". Of course, 1+1 still does equal 2, not $500bn, so in reality it's a large tax just levied over a several subsequent transactions of the same sum.

As well as being a large tax, it also will gum up the financial system, thereby causing even more damage than straight income tax.

Its a tax proposed by some backbencher in Congress which has died in committee. The idea that this has any chance whatsoever of becoming a law is ludicrous. The wording of the stupid email makes it seem like this is some nefarious Obama plot which he is just waiting to spring on us, when in reality its about as likely as them declaring Greek to be the national language.

I suggest you check your facts before you pass these things along, unless, of course, you KNOW they are propaganda, and they promote your 'side'.

here is the 'truth' about the 1% tax:

http://www.snopes.com/politics/taxes/debtfree.asp

and the quote you referenced - showing Nancy pelosi endorsing that act actually refer to her talking about an earlier proposed bill called " Let wall street pay for the restoration of Main street Act" --- NOT the 1% transaction tax.

Welcome to the site. Just FYI, this blog posts things as is, in order for us to study and mock them. There is not necessarily any endorsement of these pieces (quite the opposite in most cases). And yes, we are big fans of Snopes.

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